Product Description: In our increasingly interconnected world, economics has become an ever more powerful, integrated, and dynamic force. In other words, what happens in Vegas doesnt stay there anymore. In fact, decisions made by economists in London or Shanghai may well determine the fate of savings accounts for people in Montreal, Manhattan, and Mogadishu...read more

Product Description: Employment Generation Schemes directs attention to challenges and opportunities of enacting direct job creation policies in developing countries and BRICS, including: China, Ghana, Argentina, and India. This exciting new volume investigates how the Job Guarantee might interface with other policy goals...read more

Product Description: This timely collection will be the first of its kind to focus on the practical application of the government job guarantee (JG) for both developed and developing economies. Global case studies include: United States, China, Ghana, Argentina, Ireland, Iceland, and India.

Product Description: Edited by three very well known academics in the field and contributed to by John Smithin, Laurence Moss and G. C. Harcourt, this volume reflects the breath of the honouree’s interests and as such it covers a wide range of topics including political economy, labour economics, history of economic thought and macroeconomics...read more

Provides an overview of key topics and individuals in economics, including such concepts as competition, monopoly, and business cycle theory.

Product Description: Edited by three very well known academics in the field and contributed to by John Smithin, Laurence Moss and G. C. Harcourt, this volume reflects the breath of the honouree’s interests and as such it covers a wide range of topics including political economy, labour economics, history of economic thought and macroeconomics...read more

Contains the profiles and theories of 50 of the world's most eminent economists. This book covers Hume, Smith and Marx, and contains biographies which provide an insight into the economists' personalities and reveal the contribution that each has made to this discipline.

This ambitious book seeks both to revive and revise the idea of ‘functional finance’. Followers of this doctrine believe that government budgets should concentrate solely on the macroeconomic impact on the economy, rather than reflecting a concern for sound finance and budgetary discipline. Reinventing Functional Finance examines the origins of this idea, and then considers it in a modern context. The authors explore the concept of NAIRU and argue that modern economies can operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do not have the deleterious effects commonly ascribed to them; the belief that they do rests on a misunderstanding of modern money. In this context, they highlight the relevance of Abba Lerner’s famous dictum, ‘money is a creature of the State’. The authors also debate the merits of various proposals for ‘Employer of Last Resort’ programs, which combine automatic stabilizers with the buffer stock principle. The book boasts an array of eminent contributors which include, among others, James Duesenberry, Robert Eisner, Robert Heilbroner, Richard Musgrave, Edward Nell and Randall Wray. Financial economists, politicians, policymakers and bankers will welcome this provocative and refreshing book which challenges established economic thinking.

Product Description: Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition...read more

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